As per the current market research conducted by the CMI Team, the global Food Decorations and Inclusions Market size is expected to record a CAGR of 5.6% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 13,392.3 Million. By 2033, the valuation is anticipated to reach USD 21,869.1 Million.
Food Decorations and Inclusions Market: Growth Factors and Dynamics
- Increasing Demand for Artisanal and Customized Products: Growing consumer interest in unique and visually appealing food presentations drives demand for artisanal decorations and inclusions, fostering market growth.
- Rising Popularity of Social Media and Food Blogging: The prevalence of social media platforms and food-centric content creation influences consumer preferences towards aesthetically pleasing food decorations and inclusions, creating opportunities for market expansion.
- Expanding Foodservice Industry: The growth of the food service sector, including restaurants, cafes, bakeries, and catering services, fuels demand for decorative elements and inclusions to enhance the visual appeal of dishes, driving market dynamics.
- Innovation in Ingredients and Techniques: Ongoing innovation in ingredients, such as edible flowers, gold leaf, and colored sugars, along with creative techniques like molecular gastronomy, contribute to the diversification and evolution of the food decorations and inclusions market.
- Health and Wellness Trends: Increasing consumer awareness of health and wellness influences demand for natural, organic, and healthier alternatives in food decorations and inclusions, prompting manufacturers to develop products that align with these preferences to maintain market relevance.
- Globalization and Cultural Influences: Cross-cultural exchange and globalization introduce diverse culinary traditions and preferences, inspiring creativity in food decoration and inclusion techniques, while also driving demand for specialty ingredients and decorations from various regions, shaping market growth and dynamics.
- E-commerce Expansion: The growth of e-commerce platforms facilitates easier access to a wide range of food decorations and inclusions for both consumers and businesses, driving market growth by expanding distribution channels and reaching a broader audience.
- Sustainability and Eco-Friendly Practices: Increasing consumer consciousness regarding environmental sustainability prompts the development and adoption of eco-friendly food decorations and inclusions made from renewable or recycled materials, reflecting a shift towards more sustainable practices in the food industry and influencing market dynamics.
Food Decorations and Inclusions Market: Partnership and Acquisitions
- In 2021, Barry Callebaut’s acquisition of Europe Chocolate Company (ECC) enabled enhanced manufacturing capabilities in highly customized chocolate decorations and specialty items. This strategic move bolsters Barry Callebaut’s position in meeting the evolving demands of the market for tailored chocolate products.
- In 2022, Cargill’s acquisition of Leman Decoration Group, a prominent cake decorations supplier, aims to enhance its service to Europe’s gourmet customers and expand its decoration offerings globally. This strategic move strengthens Cargill’s position in the market and reinforces its commitment to innovation and customer satisfaction.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 13,392.3 Million |
Projected Market Size in 2033 | USD 21,869.1 Million |
Market Size in 2023 | USD 12,682.1 Million |
CAGR Growth Rate | 5.6% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Product Type, End Use, Distribution Channel and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Food Decorations and Inclusions Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Food Decorations and Inclusions Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
- Disruption in Supply Chains: COVID-19 disrupted global supply chains, leading to shortages and delays in the availability of food decorations and inclusions, affecting production and distribution.
- Shift in Consumer Preferences: Changes in consumer behavior due to COVID-19, such as reduced dining out and increased home cooking, altered demand patterns for food decorations and inclusions, impacting market dynamics.
- Product Innovation and Diversification: Manufacturers focus on innovating new products and diversifying offerings to meet changing consumer preferences and adapt to evolving market trends.
- Enhanced Online Presence: Increased emphasis on online sales channels and e-commerce platforms enables manufacturers to reach consumers directly and mitigate the impact of disrupted traditional distribution channels.
- Marketing and Promotional Campaigns: Strategic marketing initiatives and promotional campaigns help raise awareness and stimulate demand for food decorations and inclusions, encouraging consumer engagement and sales.
- Adoption of Health and Safety Measures: Implementation of stringent health and safety protocols ensures consumer confidence in the safety and quality of food decorations and inclusions, facilitating market recovery.
- Collaboration and Partnerships: Collaboration with food service providers, retailers, and other stakeholders helps expand market reach and distribution networks, fostering growth opportunities and accelerating market recovery.
- Adaptation to Changing Consumer Trends: Manufacturers and suppliers adapt their product offerings and strategies to align with emerging consumer trends, such as increased demand for sustainable and eco-friendly food decorations and inclusions.
- Government Support and Stimulus Packages: Government support through financial assistance programs and stimulus packages aids businesses in the food decorations and inclusions market to overcome challenges and sustain operations during economic downturns, facilitating recovery.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Food Decorations and Inclusions Market, with some challenges and opportunities arising from the pandemic.
List of the prominent players in the Food Decorations and Inclusions Market:
- Barry Callebaut Group
- The Kraft Heinz Company
- Kerry Group
- Puratos Group
- Cargill Incorporated
- Archer Daniels Midland Company (ADM)
- Ingredion Incorporated
- Tate & Lyle PLC
- Hansen Holding A/S
- Dupont de Nemours Inc.
- Associated British Foods plc
- AAK AB
- Givaudan SA
- International Flavors & Fragrances Inc. (IFF)
- Doehler GmbH
- Others
The Food Decorations and Inclusions Market is segmented as follows:
By Product Type
- Chocolate Sprinkles and Inclusions
- Chocolate Shapes
- Chocolate Cups and Shells
- Sugar Sprinkles and Inclusions
- Sugar Shapes
- Preserved/Dried Fruit Pieces
- Sweetened/Caramelized Nuts
- Roasted Nuts
- Baked Pieces
- Sugar Pastes & Icings
- Others
By End Use
- Cakes
- Pastries
- Sweet Biscuits
- Breakfast Cereals
- Confectioneries
- Chocolate Confectioneries
- Sugar Confectioneries
- Others
By Distribution Channel
- B2B
- B2C
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America